Three challenges according to me:
(1) Clear Vision
(2) Finance
(3) Proper Team to make your vision clear
Identify at least three challenges when setting up a business. Explain why they are challenges.
1. Working Capital 2. Is there enough Product or Service Demand? 3. Explaining Competitive Difference
500,000 pounds in france
It is therefore necessary to take certain guidelines before setting up and running a business. I am not going to mention the guidelines here, you can look it up on other web pages.
One can go about setting up a company in so many ways. One way of doing it is through getting a business partner and setting up an LLC. An LLC is a way to avoid legal altercations when setting up a company. In setting up an LLC you are less likely to be sued and not be able to recover from it.
Identify at least three challenges when setting up a business. Explain why they are challenges.
1. Cash flow 2. Product Supply/Demand 3. Human Resource
1. Working Capital 2. Is there enough Product or Service Demand? 3. Explaining Competitive Difference
making money , buying a biunlding, and addvertise around the world.
Most unreliable part of a business. You have to find the right people with the right skills to work for what you will pay and then hope they do their job.
what are the problems of setting up small scale business what are the problems of setting up small scale business
In setting up a new business there are many challenges. I would try to find a mentor that has been threw it before in order to help you threw the process.
Problems Of setting Up and Running Business Units
Someone who has a flair for business ideas, and has the confidence to take the risk involved in setting up a business..
When you are setting up a business you start by getting your business license. Next, you want to find a location and hire people. Once the doors are open, you are in business.
When setting up a new business, it is important to have a good location where persons will frequent. A good business plan, and marketing strategy are also important.
Money is the main problem for a business.